Urban Outfitters (URBN) Reports In-Line EPS and Restaurant Acquisition; FBR Capital Reiterates Market Perform

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UBS Cuts Price Target on Urban Outfitters (URBN) Following Weak October

November 17, 2015 9:45 AM EST

UBS reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $23.00 (from $34.00), following the company's 3Q earnings report. URBN reported in-line EPS of $0.42. October was the weakest month in 3Q and trends have further decelerated in early... More

Urban Outfitters (URBN) Weak 3Q Driven by Weather and a Lack of New Fashion; Stifel Cuts Price Target to $30

November 17, 2015 8:09 AM EST

Stifel maintained a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $30.00 (from $40.00), following the company's 3Q earnings report. URBN reported 3Q EPS of $0.42, in-line with consensus. In-line results were driven by an incentive comp reduction and a federal tax credit, which offset... More

Urban Outfitters (URBN) PT Cut to $29 at Credit Suisse

November 17, 2015 7:55 AM EST

Credit Suisse analyst C. Buss reiterated a Neutral rating while cutting estimates and its price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $29.00 (from $38.00) following Q3 results.

Buss commented, "Urban Outfitters 3Q results highlight the difficult position specialty apparel retailers are in... More

Mizuho Securities Cuts Price Target on Urban Outfitters (URBN) Following Weak 4Q Start

November 17, 2015 7:33 AM EST

Mizuho Securities maintained a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $20.00 (from $30.00), following a weak 4Q start. Weak October sales worsened in early November as traffic remains challenging in both retail stores and online.

Analyst... More

Urban Outfitter (URBN) Making Agile Edits, But Problems Could be Multi-Year - Cowen

November 17, 2015 7:31 AM EST

Cowen analyst, Oliver Chen, seems to be throwing in the towel on Urban Outfitter (NASDAQ: URBN) as he drops his price target precipitously to $21 from $30. He states that the company's business model is vulnerable and it needs to diversify away from Apparel.

He sees multiple challenges ahead for URBN's stock and near-term performance:

1) Need new fashion to generate traffic: management spoke... More

Nomura Securities Reiterates Neautral on Urban Outfitters (URBN)

November 17, 2015 7:26 AM EST

Nomura Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), with a price target of $22.00. With the slowing topline, URBN has managed to maintain SG&A spend relatively in line. URBN announced the acquisition of Vetri Family restaurants which include pizza and Italian... More

Cantor Fitzgerald Downgrades Urban Outfitters, Inc. (URBN) to Hold

November 17, 2015 7:21 AM EST

Cantor Fitzgerald downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Buy to Hold with a price target of $22.00 (from $53.00).

For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.

Shares of Urban Outfitters, Inc. closed at $22.67 yesterday.

... More

Wall Street gives up gains after Germany bomb scare

November 17, 2015 7:20 AM EST

By Noel Randewich

(Reuters) - U.S. stocks forfeited gains on Tuesday after a soccer match between Germany and the Netherlands was called off over fears of a bombing.

All three major U.S. indexes had ventured into positive territory following upbeat earnings reports from Wal-Mart (NYSE: WMT) and Home Depot (NYSE: HD). But they quickly relinquished those gains after the friendly match was canceled less than two hours before its start due to indications of a planned attack with explosives at the stadium in Hanover.

That added to... More

Telsey Downgrades Urban Outfitters, Inc. (URBN) to Market Perform

November 17, 2015 7:10 AM EST

Telsey downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.

Shares of Urban Outfitters, Inc. closed at $22.67 yesterday.

... More

RBC Capital Downgrades Urban Outfitters, Inc. (URBN) to Sector Perform

November 17, 2015 7:09 AM EST

RBC Capital downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Outperform to Sector Perform with a price target of $23.00 (from $32.00).

For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click... More

After-Hours Movers 11/16: (OCRX) (NUAN) Higher; (URBN) (W) (EQIX) Lower (more...)

November 16, 2015 6:07 PM EST

Ocera Therapeutics (NASDAQ: OCRX) 38.5% HIGHER; announced positive results from the Company's Phase 1 study of the oral formulation of OCR-002, ornithine phenylacetate, in healthy subjects. OCR-002 exhibited encouraging extended-release properties, demonstrated a desirable pharmacokinetic (PK) profile and was... More

Market Wrap: Marriott Aims to Acquire Peer; Clovis Oncology Slammed on Adverse News; Constellation Bolsters Beer Offerings

November 16, 2015 5:31 PM EST

Market wrap for November 16th

End of the Day: S&P 500 up 30.2 to 2,053.19; Dow Jones up 237.8 to 17,486.01; Nasdaq up 56.7 to 4,984.62

Market Brief: Empire State Manufacturing results came in weaker than expected in October.

Marriott moved to acquire Starwood Hotels.

13Fs aplenty out late last week and today.

Clovis Oncology was hit following adverse rociletinib news.

Constellation Brands picks up microbrew.

Pandora scoops up certain Rdio... More

UPDATE: Urban Outfitters (URBN) Reports In-Line Q3 EPS; Comps Growth Missed Expectations

November 16, 2015 4:07 PM EST

(Updated - November 16, 2015 4:14 PM EST)

Urban Outfitters (NASDAQ: URBN) reported Q3 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue came in at $825.3 million, versus $814.5 million posted in the same period last year and the consensus of $872 million.

Comps rose 1... More

Streetinsider.com's Hot Lunchtime Reads 11/16: (URBN) (MAR) (CLVS) (LB)

November 16, 2015 12:10 PM EST

The following is a list of notable articles to help get you through the lunch hour:How Pfizer has shifted U.S. profits overseas for years ->... More

Urban Outfitters (URBN) Falls as Investors Pooh-Pooh Move Into Restaurant Business

November 16, 2015 11:31 AM EST

Urban Outfitters (NASDAQ: URBN) is under pressure Monday (-8.8%) as investors are perplexed with the company's decision to acquire The Vetri Family group of restaurants including Pizzeria Vetri.

While the companies are calling the deal a... More

Goldman's Teen Vogue Survey Highlights Top Brands for Millennial Women

November 16, 2015 11:02 AM EST

Goldman Sachs surveyed Teen Vogue's "It Girls" (fashion influencers between the ages of 13-29) to analyze the most important fashion, beauty, and retail brands in todays marketplace. The LOVE LIST represents the best known, most loved, and most talked about brands by It Girls. BRANDS RISING ranks those best positioned to break out with mainstream women. Beauty maintains its position as the top category but Athletic is outpacing the growth and Nike is at the top of the charts.

Goldman's partner survey is conducted in two parts. It taps into a group of Teen Vogue's It Girls, a... More